Mississauga, ON [March 09, 2018] – The Woodbridge Group, a global leader in the development and production of polyurethane products, primarily in the automotive sector, is proud to announce that it has again been named one of Canada’s Best Managed Companies in 2018. The Woodbridge Group successfully retains its Best Managed designation for two additional years, after again competing against some of the country’s top companies.
For the past 25 years, this prestigious award, sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums, acknowledges Canadian-owned and managed companies with revenues over $10 million for sustained growth, financial performance, management practices and the efforts of the entire organization. The Best Managed award embodies Canadian corporate success by selecting companies that are focused on their core vision, creating stakeholder value and excelling in the global economy.
“On behalf of The Woodbridge Group board of directors, our executive team, our teammates, our partners and suppliers, we are very honoured to have achieved the Best Managed designation for the second consecutive year,” stated Charles Daly, President and CEO. “Our industry has experienced key drivers in mobility and sustainability changing the landscape. During this time our company has experienced incredible growth and transformational change in our operations. Every teammate in our company has risen to the challenge and set new standards for leadership, innovation, performance and community involvement.”
The Woodbridge Group is a privately-owned Canadian company with 63 facilities operating in 21 countries and is a global leader in the development and production of polyurethane products. Automotive applications include components for seating, structural support, occupant protection, headliner systems and acoustical management, as well as a full range of value added services including engineering and design, supply chain management, assembly, sequencing and JIT delivery solutions. For more information, visit www.woodbridgegroup.com.
In 2017, The Woodbridge Group founded “Woodbridge Cares” to give back to the communities in which we operate and to help those most in need. This global initiative aims at inspiring all our teammates to contribute through volunteerism and philanthropy. For more information about Woodbridge Cares, please visit: https://www.woodbridgegroup.com/about-us/corporate-social-responsibility/
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (Winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit http://www.bestmanagedcompanies.ca.
Deloitte provides audit & assurance, consulting, financial advisory, risk advisory, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries and territories bringing world-class capabilities, insights and service to address clients’ most complex business challenges. To learn more about how Deloitte’s approximately 264,000 professionals—9,400 of whom are based in Canada—make an impact that matters. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Cynthia Emili, Global Marketing Manager